This paper analyzes how the current Global Value Chain (GVC) of East Asia has been established, and attempts to project the future trajectory of GVC under New Normal in the global trading system. For this purpose, the framework of Ideology-TechnologyInstitution nexus is presented with focus on...

Small and medium-sized enterprises (SMEs) play an important role in generating economic activity and employment in developing and developed countries. However, partly due to remaining at-the-border trade costs, SMEs continue to be less represented in international trade – as direct exporters...

Policymakers in several countries have recently taken steps to promote the rapid export expansion of high-tech small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive firms, which are often referred to as born globals. To the best of...

Introduction -- Section I. Understanding the Emerging 4IR World -- Chapter 1. The Road to 4IR (4th Industrial Revolution) -- Chapter 2. Managing in the 4IR world -- Chapter 3: Business Concepts in Globalization -- Section II: 4IR Strategy and Analytics -- Chapter 4. Strategizing using Technology...

To what extent can increasing inequality be explained by globalization? And if there is a connection, what if anything can and should be done about it? This chapter begins with an overview of how conventional trade theory has fared in predicting changes in inequality and how it has needed to be...

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs and delayed gains. The model shows that impatient...

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics model links impatience to voters' appraisals of an income shock due to globalization that is associated with short-run costs and delayed gains. The model shows that impatient...